Energy Transfer Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last year. There are currently 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Energy Transfer stock.
View analyst ratings for Energy Transfer or view top-rated stocks.

Wall Street analysts have given Energy Transfer a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Energy Transfer wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Energy Transfer saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 65,340,000 shares, an increase of 76.8% from the March 15th total of 36,950,000 shares. Based on an average daily trading volume, of 22,340,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 2.9% of the company's shares are sold short.
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Energy Transfer is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Energy Transfer.

Energy Transfer LP (NYSE:ET) released its earnings results on Thursday, May, 6th. The pipeline company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.95. The pipeline company earned $17 billion during the quarter, compared to the consensus estimate of $11.73 billion. Energy Transfer had a positive trailing twelve-month return on equity of 8.23% and a negative net margin of 0.64%. Energy Transfer's revenue for the quarter was up 46.2% compared to the same quarter last year. During the same quarter last year, the company posted ($0.32) EPS.
View Energy Transfer's earnings history.

Energy Transfer's stock was trading at $7.05 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ET shares have increased by 46.0% and is now trading at $10.29.
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Energy Transfer announced a quarterly dividend on Thursday, April 22nd. Investors of record on Tuesday, May 11th will be paid a dividend of $0.153 per share on Wednesday, May 19th. This represents a $0.61 annualized dividend and a dividend yield of 5.95%. The ex-dividend date of this dividend is Monday, May 10th. This is an increase from Energy Transfer's previous quarterly dividend of $0.15.
View Energy Transfer's dividend history.

Energy Transfer pays an annual dividend of $0.61 per share and currently has a dividend yield of 6.39%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Energy Transfer does not yet have a strock track record of dividend growth. The dividend payout ratio of Energy Transfer is 42.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Energy Transfer will have a dividend payout ratio of 45.86% next year. This indicates that Energy Transfer will be able to sustain or increase its dividend.
View Energy Transfer's dividend history.

Energy Transfer shares split on the morning of Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly created shares were payable to shareholders after the closing bell on Thursday, June 12th 2014. An investor that had 100 shares of Energy Transfer stock prior to the split would have 200 shares after the split.

15 analysts have issued 12 month price objectives for Energy Transfer's stock. Their forecasts range from $6.00 to $16.00. On average, they expect Energy Transfer's stock price to reach $11.38 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price.
View analysts' price targets for Energy Transfer or view top-rated stocks among Wall Street analysts.

109 employees have rated Energy Transfer CEO Kelcy L. Warren on Glassdoor.com. Kelcy L. Warren has an approval rating of 74% among Energy Transfer's employees.

Some companies that are related to Energy Transfer include Enterprise Products Partners (EPD), TC Energy (TRP), National Grid (NGG), Kinder Morgan (KMI), The Williams Companies (WMB), Western Midstream Partners (WES), Targa Resources (TRGP), DCP Midstream (DCP), Antero Midstream (AM), Enable Midstream Partners (ENBL), Equitrans Midstream (ETRN), EnLink Midstream (ENLC), Rattler Midstream (RTLR), USA Compression Partners (USAC) and Archrock (AROC).
View all of ET's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Transfer investors own include Enterprise Products Partners (EPD), AT&T (T), Targa Resources (TRGP), Energy Transfer Equity (ETE), Kinder Morgan (KMI), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Ford Motor (F) and Verizon Communications (VZ).

Energy Transfer trades on the New York Stock Exchange (NYSE) under the ticker symbol "ET."

Energy Transfer's stock is owned by many different retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (2.34%), Chickasaw Capital Management LLC (0.96%), Kayne Anderson Capital Advisors LP (0.83%), Clearbridge Investments LLC (0.75%), Comerica Bank (0.74%) and Neuberger Berman Group LLC (0.74%). Company insiders that own Energy Transfer stock include James Richard Perry, Kelcy L Warren, Marshall S Mccrea III, Matthew S Ramsey, Michael K Grimm, Ray C Davis, Ray W Washburne, Richard D Brannon, Thomas E Long and Thomas P Mason.
View institutional ownership trends for Energy Transfer.

ET stock was sold by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Citigroup Inc., American Financial Group Inc., CIBC Private Wealth Group LLC, Neuberger Berman Group LLC, Mirae Asset Global Investments Co. Ltd., SG Americas Securities LLC, and Vident Investment Advisory LLC.
View insider buying and selling activity for Energy Transfer or view top insider-selling stocks.

ET stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of Montreal Can, Chickasaw Capital Management LLC, General American Investors Co. Inc., Miller Howard Investments Inc. NY, Dfpg Investments LLC, Allianz Asset Management GmbH, and Arch Capital Group Ltd.. Company insiders that have bought Energy Transfer stock in the last two years include James Richard Perry, Kelcy L Warren, Marshall S Mccrea III, Matthew S Ramsey, Michael K Grimm, Ray C Davis, Ray W Washburne, Richard D Brannon, and Thomas E Long.
View insider buying and selling activity for Energy Transfer or or view top insider-buying stocks.

Shares of ET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ET stock can currently be purchased for approximately $10.29.

Energy Transfer has a market capitalization of $27.82 billion and generates $54.21 billion in revenue each year. The pipeline company earns $3.59 billion in net income (profit) each year or $1.45 on an earnings per share basis.

Energy Transfer employs 11,421 workers across the globe.

Energy Transfer was founded in 2001.

The official website for Energy Transfer is www.energytransfer.com.

Energy Transfer is headquartered at 8111 Westchester Drive Suite 600, DALLAS TX, 75225.

Energy Transfer's mailing address is 8111 Westchester Drive Suite 600, DALLAS TX, 75225. The pipeline company can be reached via phone at 214-981-0700 or via email at [email protected]